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China's October retail sales data matches market expectations

FXStreet (Mumbai) - After China's weak October export and consumer-price reports, the FAI, retail sales and industrial production data was released today.

Retail sales in China rose 11.0 per cent on-year in October, a little higher than September's 10.9 per cent jump.

The industrial production grew 5.6 per cent year-over-year in October, below September's 5.70 per cent level and the expected 5.8 per cent by economists polled by Reuters.

China's fixed-asset investment (FAI) increased 10.2 per cent in the January-October period compared with the year-earlier period, in line with expectations. It remained below the 10.3 percent gain recorded in the January-September period.

China: Mixed data hints further PBOC easing

Chinese Retail Sales in October (YoY) came at 11% vs 10.9% exp (10.9% prev), while Industrial Production saw +5.6% YoY vs 5.8% expected (prev 5.7%), while urban investment stood at 10.2%, in line with expectations.
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